0.1 per cent tax proposed on each transfer of digital assets

0.1 per cent tax proposed on each transfer of digital assets

Individuals transferring digital assets via platforms operated by service providers may be subject to a 0.1 per cent tax on turnover for each transaction.
Five million household businesses to adopt self-declared tax system

Five million household businesses to adopt self-declared tax system

Vietnam is set for a major tax overhaul as nearly five million household businesses shift from presumptive taxation to self-declaration.
Tax and customs policies refined to support enterprise growth

Tax and customs policies refined to support enterprise growth

Vietnam is advancing tax and customs reforms in an attempt to refine laws, streamline procedures, and strengthen efforts to back growth.
Government considers VNeID requirement for livestream sellers

Government considers VNeID requirement for livestream sellers

The National Assembly is reviewing a draft Law on E-commerce that would mandate VNeID authentication to curb tax evasion and protect consumers.
Vietnam tax and legal changes set to shape foreign investment landscape

Vietnam tax and legal changes set to shape foreign investment landscape

Nguyen Huong Giang from PwC Vietnam notes that upcoming tax reforms are expected to reshape the business environment and influence foreign investors.
Property transfer tax deemed crucial to curb speculation

Property transfer tax deemed crucial to curb speculation

As housing prices in Vietnam continue to soar, calls are being made for a regulatory filter to steer the market towards stability and real value rather than speculation.
Tax authorities lay out tactics for robust and complete policy

Tax authorities lay out tactics for robust and complete policy

The draft Law on Tax Administration may require some adjustments on the tax threshold and implementation process to help the policy become more complete.
Tax breaks pushed to boost nation’s business climate

Tax breaks pushed to boost nation’s business climate

Solutions to boost enterprise confidence and reach key targets have been highlighted amid a rising number of bankruptcies and underperforming businesses.
Tax policies and market clean-up boost retail stocks

Tax policies and market clean-up boost retail stocks

With the recent approval of maintaining current VAT rates and intensified efforts to tackle counterfeit goods, the retail sector is expected to benefit from a more favourable policy environment conducive to sustained growth.
Excise tax scope aspires to mitigate economic impacts

Excise tax scope aspires to mitigate economic impacts

Key proposals have been made to expand the scope of the revised Law on Special Consumption Tax, maintaining sugar-sweetened beverages and petrol in the excise tax bracket, while narrowing its application to certain categories of air conditioners.
Tax exemptions for low-value goods may simplify customs procedures

Tax exemptions for low-value goods may simplify customs procedures

The Ministry of Finance is proposing tax exemptions for low-value goods imported via e-commerce platforms, aiming to simplify tax and customs procedures but raising concerns over potential pressure on domestic production.
Strategies for Vietnam to mitigate the impact of US tariffs on key export sectors

Strategies for Vietnam to mitigate the impact of US tariffs on key export sectors

The implementation of 46 per cent reciprocal tax by the US on April 9 threatens to inflict severe damage on Vietnam's export-driven economy.
Vietnam urges US to delay tariff decision

Vietnam urges US to delay tariff decision

The Ministry of Industry and Trade has urged the US to delay the enforcement of a 46 per cent tariff on Vietnam, hoping to find a mutually beneficial solution.
How will Vietnam handle Trump’s trade escalation?

How will Vietnam handle Trump’s trade escalation?

The United States has announced it will impose 46 per cent tariffs on Vietnamese imports, one of his most aggressive trade moves and the third-highest rate imposed on any country.
Tax exemptions forthcoming for high-tech sphere

Tax exemptions forthcoming for high-tech sphere

A new bill on personal income tax is expected to offer a break from levies for those working in high-tech industries, with the government to clarify criteria for beneficiaries and related incentives.
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